1 Pfennig - August I 1558-1568 front 1 Pfennig - August I 1558-1568 back
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1 Pfennig - August I

 
Silver 0.39 g -
Description
Issuer
Electorate of Saxony (Albertinian Line) (German States)
Issuer
Electorate of Saxony (Albertinian Line) (German States)
Prince elector
​​​​​​​Augustus I (August I) (1553-1586)
Prince elector
​​​​​​​Augustus I (August I) (1553-1586)
Type
Standard circulation coin
Type
Standard circulation coin
Years
1558-1568
Years
1558-1568
Value
1 Pfennig (1⁄288)
Value
1 Pfennig (1⁄288)
Currency
Thaler (1493-1805)
Currency
Thaler (1493-1805)
Composition
Silver
Composition
Silver
Weight
0.39 g
Weight
0.39 g
Shape
Round
Shape
Round
Demonetized
Yes
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#184458
Rarity index
100%

Reverse

Blank.

Interesting fact

One interesting fact about the 1 Pfennig coin from the Electorate of Saxony (Albertinian Line) is that it was minted during a time of great religious and political upheaval in Europe. The coin was issued during the reign of August I, who was a Protestant and a member of the House of Wettin, which had ruled Saxony for centuries. At the time, the Protestant Reformation was still relatively new, and tensions between Protestant and Catholic states were high. Additionally, the Holy Roman Empire, which had long been the dominant political force in Germany, was beginning to decline, leading to a period of political instability and conflict. Despite these challenges, the 1 Pfennig coin remained a widely used and trusted form of currency throughout the region.